Those that forged infotech are going green in droves. The latest is eBay founder Pierre Omidyar, who has just invested in Hawaiian startup Sopogy, a builder of small-scale solar thermal plants that concentrate the suns rays to produce power. Unlike many well-known solar thermal startups that are building huge plants in the desert, Sopogy’s technology is on a much smaller scale, and can even be installed on rooftops. And this isn’t Omidyar’s first cleantech investment; last year his trust also invested in biodiesel company USBioDiesel Group. For the full story, got to Earth2Tech.
Typical PR! lol…eBay founder announces to the world about certain stock he has aquired in a small start up company, lol. He’s hoping of course that millions of small investors will jump on the band wagon and drive up the stock! lol. Why else would he advertise! lol.
He then sells quickly for profit, and the small sucker investor gets stuck holding the bag till the company goes belly-up, lol.
Omidyar should spend more time making sure that eBay stock does not sink into oblivion!
The rich just never seem to get enough do they? Not only do they have huge ego’s, they also possess a great abundance of Greed!
Supposedly Sopogy is already thinking about an IPO! Hopefully that means that they’ve got enough work lined up to keep them busy. We really need one of the alt. energy start ups to fly strong.
Omidyar isn’t announcing this investment and it isn’t typical PR … simply discovered from routine public filings.